Marketplace Morning Report

Mnuchin warns China of "competitive devaluation" as yuan drops

October 10, 2018

(Markets Edition) With the Chinese yuan falling, U.S. Treasury Secretary Steven Mnuchin attempted to warn China of taking part in “competitive devaluation” of the currency. Then, we check on the markets with Jeffery Cleveland, chief economist with Payden & Rygel in Los Angeles. Finally, we look into networking. Before, connections could be made over a round of golf. But in Silicon Valley, ultimate frisbee has become the gateway to opportunities. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and Selligent (selligent.com). (10/10/2018)

About the Show

News happens while you sleep. Marketplace Morning Report gives you a head start on the day. Throughout the morning, host David Brancaccio shares the latest on markets, money, jobs and innovation, providing the context you need to make the smartest decisions. And from London, host Anu Anand presents Marketplace Morning Report from BBC World Service to bring you up to speed as the global economy shifts. It's the world perspective you need, from two trusted sources.